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The following is a list of financial sector stocks that have seen significant institutional inflows over the last three months.

To create the list, we started with a universe of about 250 financial sector stocks. We then looked at trends in institutional ownership, and narrowed down the list to the 6 stock that have seen the largest change in institutional ownership over the last three months.

The smart money seems to be expecting some upside to these names--what do you think?

Institutional data sourced from Reuters, short float and performance data sourced from Finviz.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research. Note: The numbers on top of items represent the forward P/E ratio, if available.

The list has been sorted by the change in institutional ownership.

1. Flagstar Bancorp Inc. (NYSE:FBC): Savings & Loans Industry. Market cap of $465.94M. Institutional investors currently own 201,427,931 shares vs. 129,090,699 shares held three months ago (+56.04% change). Short float at 2.86%, which implies a short ratio of 1.75 days. The stock has lost -75.29% over the last year.

2. American International Group, Inc. (NYSE:AIG): Property & Casualty Insurance Industry. Market cap of $40.82B. Institutional investors currently own 89,009,550 shares vs. 77,595,446 shares held three months ago (+14.71% change). Short float at 14.23%, which implies a short ratio of 3.15 days. The stock has gained 108.52% over the last year.

3. Hampton Roads Bankshares Inc. (NASDAQ:HMPR): Regional Bank. Market cap of $534.05M. Institutional investors currently own 516,269,050 shares vs. 457,624,559 shares held three months ago (+12.81% change). Short float at 0.28%, which implies a short ratio of 4.66 days. The stock has lost -60.8% over the last year.

4. Webster Financial Corp. (NYSE:WBS): Regional Bank. Market cap of $1.56B. Institutional investors currently own 66,491,655 shares vs. 59,361,252 shares held three months ago (+12.01% change). Short float at 5.55%, which implies a short ratio of 7.47 days. The stock has gained 53.71% over the last year.

5. National Penn Bancshares Inc. (NASDAQ:NPBC): Regional Bank. Market cap of $1.07B. Institutional investors currently own 97,679,043 shares vs. 87,332,272 shares held three months ago (+11.85% change). Short float at 5.73%, which implies a short ratio of 12.18 days. The stock has gained 25.8% over the last year.

6. Deutsche Bank AG (NYSE:DB): Foreign Money Center Banks Industry. Market cap of $32.63B. Institutional investors currently own 259,660,310 shares vs. 232,458,457 shares held three months ago (+11.7% change). Short float at 0.47%, which implies a short ratio of 2.78 days. The stock has lost -31.16% over the last year.

Source: Smart Money's Top 6 Financial Sector Stocks